Stock is consolidating from a long time - July month in descending triangle pattern. we can see price are in compression mode. we can see a good breakout in this stock unto 345 and 470
Thanks
Hi guys
I am posting this chart again with the possible Elliot wave counts and proper harmonic patterns
Stock is consolidating from a long time - July month in descending triangle pattern. we can see price are in compression mode. we can see a good breakout in this stock unto 345 and 470
Thanks
Already gave a breakout better wait for retest to confirm the potential. Personally I wont trade this as it is in middle of a channel pattern.
Please do follow me for more such trades and also check out my previous analysis.
Hii All,
Greetings!
Chambal fertilizer has created a Inverted Head & Shoulder Pattern.
Having a Bullish view in the stock.
looking for 15 to 20 % upside.
Important Things
1. This is only for educational purposes only.
2. Never over trade.
3. Always keep Stop Loss.
4. Trade in limited quantity.
5. Taking a small loss is better than wiping up your whole...
#chambal Fertiliser #chamblfert downtrend movement with risk:reward 3.1
Symbol: chambal fertilizer
Time frame :Day chart
Analysis breaker from the symmetrical Triangle
Downtrend Movement
Checked the conditions for moving average, RSI and volume
Sell at 271 with this stoploss 296 and target 206
HOPE our analysis is adding value to your Stock market...
